Binck Comfort offers a personalised discretionary asset management service focusing on a combination of preservation and growth of assets
Amsterdam, 28 September 2017 - BinckBank N.V. has today expanded its range of its "Do it for me Investing" in the Netherlands with the introduction of 'Binck Comfort'. Through this service BinckBank wants to further help its clients in finding solutions to their financial challenges of the future, namely low interest rates, rising pension insecurity and eroding social security systems. To this end BinckBank launches Binck Comfort, an online personalised discretionary asset management proposition which aims at a combination of risk protection and return on investments and is available for portfolios from 10.000 euro.
The "Do-it-for me investing" formula serves as an umbrella for the custom tailored online asset management services: Binck Comfort, Binck Forward and Binck Pension. These discretionary asset management solutions help individuals achieve their personal long-term wealth objectives in a way that best fits their needs, goals and risk perception. Binck Comfort focuses on a new investor audience, but it could also offer a supplement or alternative to existing BinckBank customers.
Jeroen Sonsma, Director of Binck Netherlands: "Following the trend in which clients are increasingly directing their own independent financial future, we see an increasing need to outsource their investments to an (online) asset management expert. Besides convenience, good stewardship is of great importance. For customers in this target group who entrust their money to BinckBank, it is important that they can fall back on a predetermined level of their accumulated assets. That is why Binck Comfort focuses on a combination of preservation and growth of assets. As a result, the customer has a tailor made portfolio with active management within a pre-determined risk appetite. This acts as a buffer and diminishes the impact of downward market developments. "
Binck Comfort has a personal investment plan and a low entry threshold
In addition to a personal management plan, customers have 24/7 access to their investments. The minimum investment required amounts € 10,000. With these features, Binck Comfort offers an attractive customized online wealth management solution that can compete with the traditional investment methodologies of the large banks.